Sentence examples for down payment from inspiring English sources

"down payment" is correct in written English.
You can use it to refer to a payment made at the beginning of a purchase or the start of a loan agreement. For example: "The borrower was required to make a down payment of 10% of the total value of the loan."

Dictionary

down payment

noun

A payment representing a fraction of the price of something being purchased, made to secure the right to continue making payments towards that purchase.

synonyms

deposit

Exact(60)

Pinpoint the source of the down payment.

The New York Times

Her father contributed the down payment.

The New York Times

I also supplied the down payment.

The New York Times

The loans required no down payment.

The New York Times

It would go toward her down payment.

The New York Times

Your $200 is a down payment.

The New York Times - Tech

You've lost your $5,000 down payment.

Yale University

The Kennedy House requires a 33 percent down payment.

The New York Times

NextWave made a $500 million down payment.

The New York Times

It is a down payment on something.

The New York Times

A down payment had already been given.

The New Yorker

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